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Why the Apple Stock Price Dipped to $100 Today
Pummeled by yet another negative report about iPhone sales, the Apple stock price has shed nearly 4% in the past two days.
The latest bad news came from Japanese daily Nikkei, which reported late yesterday (Tuesday) that iPhone production in Chinese factories would be cut by 30% in the first quarter of 2016 to compensate for slack demand.
Pummeled by yet another negative report about iPhone sales, the Apple stock price has shed nearly 4% in the past two days.
The latest bad news came from Japanese daily Nikkei, which reported late yesterday (Tuesday) that iPhone production in Chinese factories would be cut by 30% in the first quarter of 2016 to compensate for slack demand.